It seems like every day, I receive a inquiry about where are the short sales in Santa Fe, New Mexico. Given most buyers today are looking for opportunities in a 5 mile radius rather than specific neighborhoods, this snapshot for the 87505 Santa Fe, New Mexico zip code presents a more accurate picture. Here is the picture from the stats on the short sale single family home properties and market activity for them in the past 90 days in the 87505 zip code.
- 207 single family homes on the market
- 20 single family homes are identified as short sales
- The highest short sale price is $925,000, the lowest is $130,000
- The median price of a single family short sale is $284,000
- There are currently 9 short sales under contract pending bank approval
- The highest price pending is $499,000 and the lowest is $149,000
- Two short sale properties sold in the past 90 days, highest price $249,000, lowest $200,000
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